Did you miss "Mad Money" on CNBC? If so, here are some of Jim Cramer's top takeaways.
Morgan said thanks to their acquisition of Dynegy, Vistra will be generating significant cash flows that give his company a lot of flexibility to both service their debt and increase their dividend in the future.
Vistra is still a growth company, he added, with 50% of their earnings stemming from Texas, a market where they see 2% annual growth.
When asked about the future for coal, Morgan said that coal is "on it's way out" for power generation, especially as renewables and battery technology become more cost-effective. Coal will remain important for at least the next 10 to 15 years, he said, but not for the long term.
Batteries have become an interesting technology, Morgan added, as it allows the fluctuating nature of renewables to be stabilized so that the grid and the plants that power the grid can be run more efficiently.
Cramer and the AAP team note that seven of the companies in their portfolio are reporting this week, including Abbott Laboratories (ABT) - Get Abbott Laboratories Report , Nucor (NUE) - Get Nucor Corporation Report and Honeywell (HON) - Get Honeywell International Inc. Report . Find out what they're telling their investment club members and get in on the conversation with a free trial subscription to Action Alerts PLUS.
Over on Real Money, Cramer says if you're sitting on a down-and-out stock with a real bad chart, you need to hold on at this point because an analyst or a quarter could come to your rescue. Get more of his insights with a free trial subscription to Real Money.
Search Jim Cramer's "Mad Money" trading recommendations using our exclusive "Mad Money" Stock Screener.
To read a full recap of this episode of "Mad Money," click here.
To watch replays of Cramer's video segments, visit the Mad Money page on CNBC.
To sign up for Jim Cramer's free Booyah! newsletter with all of his latest articles and videos please click here.
At the time of publication, Cramer's Action Alerts PLUS had a position in ABT, NUE, HON.